Dubai Municipality said on Monday that it was ring-fencing AED2.5bn ($680m) of its budget for 2010 to complete construction projects in the emirate.
Hussain Nasser Lootah, director general of Dubai Municipality said that the municipality had approved a total budget of AED4.393bn for the current year.
He said municipality income was expected to reach AED4.865bn, leading to a surplus of up to AED472m for 2010.
arabianbusiness.com
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